Is Kennedy Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kennedy Township was a Seller's Market.
Housing Prices in Kennedy Township, PA
How much do homes in Kennedy Township, PA cost?
Median Sold Price
$256,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kennedy Township was $256,000 in March 2024, down 3.4% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $125K | N/A |
2 Bedrooms | $157.5K | $202K | +28.3% |
3 Bedrooms | $265K | $260K | -1.9% |
4 Bedrooms | $330K | $417K | +26.4% |
5+ Bedrooms | $310K | $130K | -58.1% |
Summary: Kennedy Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes decreased by 58.1%.
Median Sold Price Compared To Nearby Cities
Robinson Township | $255K | $295K | +15.7% |
Mc Kees Rocks | $155K | $175K | +12.9% |
Stowe Township | $102K | $103.5K | +1.5% |
Kennedy Township | $265K | $256K | -3.4% |
McKees Rocks | $65K | $60.9K | -6.2% |
Housing Supply in Kennedy Township, PA
How many homes are available in Kennedy Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The Kennedy Township real estate market had 15 homes for sale in March 2024, a 7.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Kennedy Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Kennedy Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kennedy Township, PA
How long does it take to sell a home in Kennedy Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 98 Days | +132.2% |
Summary: Homes in Kennedy Township had an average of 98 days on market in Mar 2024, up by 132.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Kennedy Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.